An Explanation of Benefits (or EOB) is a summary of health care charges that your health plan sends you after you see a provider or get a service.
It is not a bill.
But, it is an important record of the health care you and individuals covered on your policy received. It’s also a record of how much your provider is charging your health plan.
It’s a good practice to completely read your Explanation of Benefits and keep the records in a safe place for future reference.